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Article: Title companies: ranked by total L.A. County mortgages insured in 2008.(THE LIST)(Los Angeles)
- Article from:
- Los Angeles Business Journal
- Article date:
- February 23, 2009
- Author:
CopyrightCOPYRIGHT 2009 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* EXECUTIVE SUMMARY
THE value of mortgage loans handled by title companies in L.A. County dropped to $98 billion in 2008, down 45 percent from the previous year. The number of loans insured fell to 229,163, down by 50 percent compared with 2007.
Chicago Title claimed the top spot on the list, followed closely by First American Title. The companies are separated by $57 million in loan volume for 2008. First American recorded the highest volume for loan refinancing, but Chicago Title was the largest insurer for both new sales and construction loans.
Fidelity National Title was the only other lender to surpass $10 billion in loans insured. The ...
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